Did you see the KiwiSaver changes announced with the Budget?
In a bid to boost Kiwis' retirement savings, and increase local investment, the Government is increasing the default KiwiSaver contribution rate, to 3.5% next year and then 4% by April 2028.
The current default rate is 3% but that will incrementally increase to 3.5% from April 1 next year, rising to 4% from April 2028. Employers will have to match the default rate.
Did you see the KiwiSaver changes announced with the Budget? Tell us your thoughts in the comments (adding NFP if you don't want your words used in print).
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.8% We work hard, we deserve a break!
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16.3% Hmm, maybe?
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10.9% Yes!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Festive cheer, fiscal fear - and questions about growth
Hamilton’s boom-town status has been called into question as Hamilton City Council grapples with the need to bring rates within Government mandated limits.
Councillor Andrew Bydder said assumptions about relentless population growth may be “out of date”, and called for a review of the issue early next year.
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